Retention Tab Fields Overview
% Complete
Bill a percentage of work completed in the current draw and all previous draws. Entering an amount in this field will automatically adjust the Work This Period field.
Scheduled Value
Current total value for the line item.
Completed to Date
Bill for the total dollar amount of material stored for the current and previous draws. Entering an amount in this field will automatically adjust the Material Stored This Period field.
Previously Held
Retention that was held during prior draws.
Retention % This Period
Retain a percentage of the billed amount in the current draw. Entering an amount in this field will automatically adjust the Retention Held This Period field.
Retention Held This Period
Retain a dollar amount for the work completed for the current draw (work completed between the draw Period From and Period To dates). Entering an amount in this field will automatically adjust the Retention % This Period field.
Request Previously Held
Retention request that was held during prior draws.
Retention To Date
This is retention that is held to date (Previously Held + Retention Held This Period - Request Previously Held).
Retention % To Date
The percentage of retention that is held to date (Previously Held + Retention Held This Period - Request Previously Held).
Net this Period
Displays for each line, it is the amount billed during this draw, less retention held (Work this Period + Materials Stored This Period - Retention Held This Period).
Total line
The total retention amount being billed to the Owner.
Self-Performed Line
Your retention amount (the difference between the subcontract and the total).
Contracted Line
A Subcontractor's retention amount.
Last Published Wednesday, July 10, 2024